Since the start of the Middle East war, China has been reselling record volumes of LNG to other Asian buyers as its own demand has been tepid and stocks and gas supplies sufficient. In March alone, China resold up to 10 cargoes of LNG—a record-high for any month ever, according to data from energy analytics firms Vortexa, Kpler, and ICIS cited by Reuters. Year to date, China has also resold record volumes of LNG, an estimated 1.31 million tons, shipped to South Korea, Thailand, Japan, India, and the Philippines, per data from Kpler. This…

Iran FM Clarifies Not Negotiating with US, But Messages Sent Iran's Foreign Minister Aragchi has clarified some things to AI Jazeera regarding diplomatic engagement with the US on potentially ending the war. The main takeaway is his explanation that what is happening now does not constitute negotiations in Tehran's view, but an exchange of messages directly or through our friends in the region (namely Pakistan). He said that all communication concerning diplomacy and the war is routed through the Foreign Ministry and overseen by the National Security…

BP's new chief executive officer Meg O'Neill has pledged consistency and clear direction in her first message to staff as she takes over the top job at the UK-based supermajor effective April 1, amid very turbulent times for both the company and the energy industry. “I’m committed to providing clear direction and consistency so we can move forward together with confidence,” O’Neill told staff in her first message as CEO, the Financial Times reports. O’Neill, former CEO of Australia’s Woodside Energy, was picked…

Oil and gas prices will not return to pre-war levels soon even if the conflict in the Middle East were to end today, Dan Jørgensen, European Commissioner for Energy and Housing, has warned. In the month since the beginning of the war in Iran, prices in the EU have jumped by about 70% for natural gas and by 60% for oil, Jørgensen said at an informal meeting of EU energy ministers. In financial terms, 30 days of conflict have already added $16.2 billion (14 billion euros) to the EU’s fossil fuels import bill, the commissioner…

REalloys (NASDAQ: ALOY) has appointed former U.S. Secretary of Defense’s Chief of Staff Joe Kasper as chair of its advisory board, placing a senior defense supply chain official at the center of its push to build a U.S.-aligned rare earth metals platform as the country faces limited domestic supply and a hard 2027 deadline requiring U.S. defense systems to eliminate Chinese-sourced inputs. Kasper has been working inside the Pentagon on the exact supply chain breakdown REalloys is now trying to fix: the absence of U.S. capacity to produce…

Last December, Trump Media & Technology Group Corp. (NYSE:DJT) entered the nuclear fusion race after it agreed to buy California-based fusion startup TAE Technologies in a $6-billion merger, creating one of the world's first publicly traded nuclear fusion companies. The merger is structured as an all-stock transaction whereby shareholders of both companies will each own roughly 50% of the new entity with the deal expected to close in mid-2026. TMTG agreed to provide TAE Technologies with up to $200 million in cash upon signing and an additional…

After years of upstream underinvestment and a short-lived foray into clean energy, the world’s biggest oil and gas firms are accelerating exploration efforts as they look to replenish their upstream portfolios. Executives at Big Oil have been signaling for nearly a year that they seek to boost upstream portfolios in a world where oil and gas demand is growing and will continue to grow for years to come. During the 2025 earnings calls and at last week’s CERAWeek event in Houston, the top brass of the largest oil and gas majors reiterated…